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20121120
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boehner, who have already openly said, no increases in tax rates? >> well, you have to splinter off some republicans, in the senate it will be easier because you just have to get to 60. you might pass the december 31st deadline where you have a few more democrats in the senate. but the problem is always going to be the house. i think there may be a bargain in the -- in the side of coming to republicans and saying, here are cuts. but the price of those cuts will be that 2%. republicans will face a very tough choice in just a very short time. are they the ones that are going to be responsible for giving 98% of americans tax hikes? do the republicans want to be known as the party that raised your taxes for everybody but 2%? >> right. and i think, martin -- >> so, the 2% solution may be a noose around the republicans' neck. >> i think the republicans have little leverage. not just for that reason but a couple of other reasons. if you consider the fact that taxes are at 15% of gdp, spending is at 24%, even the paul ryan budget proposes we only reduce spending to 20% of gdp. that means five pe
an optimistic note about the way forward, as did speaker boehner after the meeting. >> my hope is that this is going to be the beginning of a fruitful process where we're able to come to an agreement that will reduce our deficit in a balanced way. >> to show our seriousness, we have put revenue on the table as long as it's accompanied by significant spending cuts. >> nbc's mike viqueira joins us live from the white house. mike, are there any signs, i have to put this to you, that the president may be able to persuade republicans at least to maintain the bush tax cuts on those making less than $250,000 a year? is there any sign that he's going to be able to persuade them on that? >> reporter: well, i think that he would be able to persuade them to extend those tax cuts, but he may not be able to persuade them to decouple them from those making more than $250,000 a year, martin. i don't mean to be flip, but that does remain at the end of the day here after the big root velt room photo-op the main sticking point. it's clear democrats feel they have the upper hand as do democrats h
the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work together. >> joining me now for more, congressional reporter for "the washington post" ed o'keefe and national journal correspondent nancy cook. good morning both of you. last time we saw those three together, sort of a kumbayah moment when you have reid and boehner and mcconnell together. did you get a sense, ed, putting revenue on the table meant republicans were open to tax hikes for those makes $250,000 or more? >> no, they're not. they still say they don't want to see that increase. by talking about revenues the idea is you close loopholes, find a way to perhaps limit deductions and create revenue that way. but you know, b
that is on the table for democrats and republicans and that is the president and speaker of the house, john boehner and how they are going about this discussion as far as the bush tax cuts and america's sort of fiscal future. now, mark, i'm curious to hear your thoughts on this. first play sound from president obama and john boehner yesterday talking about doing the delicate dance of revenue raraisers. >> i'm not going to extend tax cuts for the wealthiest 2%. how you make up the trillion dollars just by closing loopholes and deductions, the math tends not work. >> i've outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. ways to put revenue on the table without increasing tax rates. >> mark a baby version of the themes we've talked about before, which is to say you have a hard line part of the republican party then the deal making part of the republican party and the democrats. how do you think this turns out? can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table
.6 trillion in new taxes just isn't serious. it's a joke. a joke. >> house speaker john boehner has been far milder in this rhetoric. according to politico, some house republicans might consider a tax hike on millionaires. many republican lawmakers privately concede that the 2012 election left them far short of a mandate on taxes. and if urged by democrats to raise rates on the megawealthy, they will have a tough time resisting. for the record, president obama's position sounds much more in line with senator sanders' way of thinking. >> there are some tough things that have to be done, but there's a way of doing this that does not hurt middle class families, that does not hurt our seniors, doesn't hurt families with disabled kids. >> let's bring in ruth conif, political editor for the progressive magazine. also with us tonight, e.j. dionne, msnbc contributor, "washington post" columnist and author of the book "our divided political heart." great to have both of you with us tonight. ruth, you first. you know, this could set up to be a moment of real disappointment for liberals if the democrat
are already digging in their heels. speaker boehner, senator minority leader mitch mcconnell, paul ryan. all of them saying they will fight the president on taxes. all of them saying the president doesn't have a mandate. but president obama has something to say about that. >> i have one mandate. i have a mandate to help middle class families and families that are working hard to try to get into the middle class. that's my mandate. >> this is a clear message. it's what americans voted for a week ago. are you sure you want this fight, republicans? democrat from pennsylvania chuck fatah and ezra klein, msnbc policy analyst. he's writing about the fight over taxes today and the piece is called "the big question: how, not whether, to raise taxes." thank you for joining me tonight. >> thank you. >> good to be here. >> congressman, do you think republicans will make a deal or is this 2010 with the tea party all over again? >> well, what the public needs to understand is the income tax system is not fair to them. there is a report done by the congress each year by the joint committee on taxation. sh
rejected the mitt romney, john boehner solution for tax reform. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of raise revenue through dynamic scoring or closing loopholes that have not been identified. and the reason i won't do that is because i don't want to find ourselves in a position six months from now or a year from now, where lo and behold, the only way to close the deficit is to sock it to middle class families. >> now, that is the classiest way i have ever seen anybody say, you know what, somebody's got to pick up the bar tab, boys. this is what president obama ran against in the presidential election. mitt romney's approach to tax reform was, trust me. the american public wanted specifics. and president obama continued to give specifics today, but the economy wasn't the only thing on the president's mind today. earlier in the day, here's another development. ambassador to the united nations, susan rice came under fire from republican senators. senators john mccain and lindsey graham, back at it, trying to trump up the ambassador
of that party up there. >>> next, john boehner was re-elected yesterday for a second term as speaker of the house but georgia congressman louis go mert, a charter member of the birther crowd had a different candidate in mind. who do you think he nominated? newt gingrich for speaker right now. you don't technically actually have to be a house member to be speaker of the house, but it's been the rule historically. by the way, boehner's word to go mert after the word, louie, i love you, too. after the election, we heard certain ceos were threatening to fire employees if president obama wob the election. some are going through with it. bobt murray, ceo of the coal company laid off 156 employees the day after the election. john schneider ceo the papa john's pizza says he will be cutting employee hours to avoid costs associated with obama care. finally, john met, ceo of several denny's franchises says he will add a 5% surcharge to customers' bills to offset the cost of obama care. you don't want to pay extra, he said tip the server less to offset the cost. what a sweetheart. >>> up next, n
speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that his son
in washington. to see harry reid and mitch mcconnell and john boehner actually standing together there in the driveway is a very rare feat. and i'm not going to get out there and say happy days are here again. >> okay. what i do want to ask you about, dana, this confederacy of takers article you wrote about how president obama's opponents have come up with a way to avoid the fiscal cliff. there's a large number of patriotic americans mostly from states won by mitt romney who have petitioned the white house to let hem secede. you're saying let them for one big reason. >> well, yes. i'd hate to lose these states because our country has 50 states for a good reason and we like our fellow americans. but strictly as a budgetary matter, if you look at the states that supported mitt rom if i, a lot of those states that want out of the union whether in the south, some in the plains and the mountain states, these are the ones that take far more in federal spending than they give tax dollars. so if you similply lop them off the union we would have a far more prosperous nation. but we'd have
.6 trillion of new revenue. boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending restraints that we need as well as the tax stuff in order to actually get the deficit under control? and i think the betting on that is less than 50%. i think we have a great shot at it. but it's going to be really, really hard. >> is that the view from wall street, too? they're not totally confident that this is going to happen? >> what you see in the stock market at the moment is that wall street is not totally confident. that's for sure. >> all right. steve, thanks so much. >> pleasure. >>> coming up, independent senator-elect of maine, angus king joins the conversation. he's a
boehner. i mean they are the most important players as to whether we get a result. secondly, i've said from day one, i've been saying it for two years, the most important piece of this, andrea, really is medicare because as you look at glen hubbard, as you look at others talking about all these things, the two are intertwined. in other words, as we see true medicare reforms and you see a real solution to medicare, where people know that we've put this behind us and we've dealt with it, i think you see the dial change as it relates to revenue. so, you know, i've been discussing revenues now for at least two years. i do think republicans are open to revenues that are put in place and a pro growth way, but i think people want to see that we've actually dealt with the problem. we haven't generated more revenues without solving the fundamental problems we have and we have what we want to do is put ourselves on a path towards fiscal solvency. i think the key here really is, medicare and to the extent you dial that up and solve it, i think you also dial the other dial which is revenues and i
and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actual negotiations, there are some very tough issues here, a reason this has not been resolved in previous summits. >> that's right but i am optimistic there was a clear mandate, the mandate was for solving our problems. i'm encouraged at no labels.org, an organization that has about 600,000 people, is putting together a group of 40 members of congress evenly split between democrats and republicans who are agreeing to come together as a problem solver's caucus, that the leadership can go to and cut deals on these important problems like the fiscal cliff, education. we have members of congress that recognize that people want them to be problem solvers and work across the aisle. we'll be announcing these 40 members in short order and that represents the kind of mood we're seeing in the shift in congress. >> let me ask you both about mitt romney's post-election comments last wednesday, be in a telephone conference call with donors. many of
Search Results 0 to 34 of about 35 (some duplicates have been removed)

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